Albemarle Corporation (ALB)

Exchange: NYSE
Currency: USD

 
Price: 89.28 (Close)

Summary

 

52 Week range 200d Moving Avg. Beta
48.89 – 101.00 77.29 1.22
Dividend Dividend Yield Ex-Dividend date
1.51 1.73% 2020-09-17
P/E Ratio Latest EPS DGR 3 years
24.38 0.00 6.41%
Near Fair Value
Low
High Volatility
High
Slow
Dividend Growth
Fast

Profile

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. Its Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and value-added lithium specialties, as well as reagents, such as butyllithium and lithium aluminum hydride for applications in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes, life science, pharmaceutical, and other markets. It also offers cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for various pyrotechnical applications; technical services, such as the handling and use of reactive lithium products; and recycling services for lithium-containing by-products. The company’s Bromine Specialties segment offers bromine and bromine-based solutions for fire safety, chemical synthesis, mercury control, water purification, beef and poultry processing, and other industrial applications, as well as oil and gas well drilling, and completion fluids applications; and tertiary amines, biocides, disinfectants, and sanitizers. Its Catalysts segment offers performance catalyst solutions comprising hydroprocessing catalysts together with isomerization and akylation catalysts; fluidized catalytic cracking catalysts and additives; and performance catalyst solutions comprising organometallics and curatives. It serves energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, crop protection, and custom chemistry services markets. The company was founded in 1994 and is headquartered in Charlotte, North Carolina.

 

Sector: Industry:
Basic Materials Specialty Chemicals
Dividend Aristocrat

Environment, Social and Governance (ESG) Ratings

Total ESG Score

43 – 83 percentile

Environment

22 – 7 percentile

Social

15 – 7 percentile

Governance

15 – 7 percentile

Controversy level

1

Peers

Dividend aristocrats in the same sector are:
– Ecolab Inc. (ECL)
– Air Products & Chemicals Inc (APD)
– Sherwin-Williams (SHW)
– PPG Industries (PPG)
– Nucor Corp. (NUE)
– Linde plc (LIN)


Dividend Safety Metrics

Latest EPS 0.00
Annual Payout 1.51
Payout Ratio 0.00%
Dividend growth 25 Years
Dividend Score 0
Dividend Coverage Ratio 2.74
Altman-Z score 1.83 Grey Zone

 


Estimated Future Total Return Metrics

Total return last 5Y 16.30%
Dividend growth 5Y 5.97%
Current dividend yield 1.73%
Average dividend yield last 5Y 1.65%
Estimated EPS growth next 5Y 15.00%
Extra return due to over/under valuation 1.00%
Estimated future return 5Y (CAGR) 17.70%

 

Albemarle Corporation (ALB) Valuation


Albemarle Corporation’s current dividend yield of 1.73% is 5% just above its 5-year average. The 5-year average dividend yield is 1.65% (see red-line in chart). This indicates the stock looks reasonably valued today.

Albemarle Corporation (ALB) Performance

The chart below displays the total price return(%) of Albemarle Corporation for different periods:

 

Albemarle Corporation (ALB) Total Return

The chart below displays the (CAGR) total return (%) including all dividends paid of Albemarle Corporation for different periods:

 


Dividend Scorecard

Dividend Yield (TTM) Annual Payout Payout Ratio Dividend growth
1.73 1.51 0.00% 25 Years

 

Dividend Growth Summary

3 Year Growth Rate (CAGR) 6.41%
5 Year Growth Rate (CAGR) 5.97%
10 Year Growth Rate (CAGR) 11.39%

Dividend Growth Rates History

Year Payout Amount Annual Payout Growth (YoY)
2020 1.155 -%
2019 1.470 9.7%
2018 1.340 4.7%
2017 1.280 4.9%
2016 1.220 5.2%
2015 1.160 5.5%
2014 1.100 14.6%
2013 0.960 20.0%
2012 0.800 19.4%
2011 0.670 19.6%
2010 0.560 12.0%
2009 0.500 4.2%
2008 0.480 14.3%
2007 0.420 -39.1%
2006 0.690 11.3%
2005 0.620 6.0%

Albemarle Corporation (ALB) Dividend Payment History